Approach Resources Inc.
AREX
AREX was delisted on the 11th of November, 2019.
79 hedge funds and large institutions have $46.8M invested in Approach Resources Inc. in 2016 Q2 according to their latest regulatory filings, with 20 funds opening new positions, 15 increasing their positions, 34 reducing their positions, and 14 closing their positions.
62% more capital invested
Capital invested by funds: $28.9M → $46.8M (+$17.9M)
43% more first-time investments, than exits
New positions opened: 20 | Existing positions closed: 14
7% more funds holding
Funds holding: 74 → 79 (+5)
56% less repeat investments, than reductions
Existing positions increased: 15 | Existing positions reduced: 34
71% less call options, than puts
Call options by funds: $175K | Put options by funds: $596K
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
SCM
Schneider Capital Management
Berwyn,
Pennsylvania
|
+$871K |
| 2 |
Millennium Management
New York
|
+$609K |
| 3 |
LSVM
Lone Star Value Management
Old Greenwich,
Connecticut
|
+$600K |
| 4 |
CSC
Cove Street Capital
El Segundo,
California
|
+$541K |
| 5 |
CS
Credit Suisse
Zurich,
Switzerland
|
+$437K |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Boston Partners
Boston,
Massachusetts
|
-$1.94M |
| 2 |
BFA
BlackRock Fund Advisors
San Francisco,
California
|
-$1.82M |
| 3 |
State Street
Boston,
Massachusetts
|
-$1.27M |
| 4 |
JP Morgan Chase
New York
|
-$1.19M |
| 5 |
D.E. Shaw & Co
New York
|
-$683K |
AREX Hedge Fund Activity: Q2 2016 in Review
79 of the 3,748 institutional investors tracked by Wall St. Rank reported a position in Approach Resources Inc. (AREX) for Q2 2016, worth a combined $46.8M — up 62% from $28.9M a quarter earlier.
Buyers outnumbered sellers: 20 funds opened new AREX positions and 14 closed out — a net gain of 6 holders — while 15 added to existing stakes and 34 trimmed.
The largest buyer was Schneider Capital Management, adding an estimated $871K. The largest seller was Boston Partners, cutting an estimated $1.94M.
- 79 institutional investors held Approach Resources Inc. (AREX) as of Q2 2016, up from 74 in Q1 2016.
- Funds reported $46.8M of Approach Resources Inc. stock for Q2 2016, up 62% quarter-over-quarter.
- 20 funds opened new Approach Resources Inc. positions in Q2 2016 and 14 closed out, a net change of +6 holders.
- The largest Approach Resources Inc. buyer in Q2 2016 was Schneider Capital Management, an estimated $871K added.
- The largest Approach Resources Inc. seller in Q2 2016 was Boston Partners, an estimated $1.94M sold.
Based on aggregated 13F filings for Q2 2016.